1. That the award for the works contract for the two sites at Fendall Street and Maltby Street to Bloom Construction Group Limited (Bloom) for the sum of £2.67m commencing on the 15 October 2025 for a construction period of 30 weeks to 6 May 2026, be approved.
2. That it be noted that the revised estimated total scheme cost will be £17m including on costs, £2m above the existing budget for this scheme.
3. That it be noted that there is a performance bond in relation to the original works contract with ARJ Construction Limited of £1.3m to call upon on completion of the project, as set out in the Gateway 1 report.